THE MISSION OF PUTNAM HOSPITAL CENTER FOUNDATION IS TO RAISE FUNDS, REINVEST AND ADMINISTER THESE FUNDS AND MAKE DISTRIBUTIONS TO PUTNAM HOSPITAL AND OTHER NOT-FOR-PROFIT AFFILIATES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.9M
+11.5% YoY
Annual Giving
$770K
+301.9% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$385K
+100.9% YoY
About Putnam Hospital Center Foundation Inc
Based on IRS filings
Putnam Hospital Center Foundation Inc is a nonprofit organization focused on Health, based in CARMEL, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $15.9M in total assets. In 2024, it awarded 2 grants totaling $770K. Net investment income was $101K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,905,420 | $14,266,035 | $15,382,448 |
| Revenue | $537,399 | $835,664 | $1,116,405 |
| Expenses | $908,126 | $445,474 | $160,366 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $100,873 | $107,217 | $398,756 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Putnam Hospital Center ($691,316), Nuvance Health Medical Practice PC ($78,253).
| Recipient | Purpose | Amount |
|---|---|---|
| Putnam Hospital Center Carmel, NY | Operational Support | $691,316 |
| Nuvance Health Medical Practice PC Poughkeepsie, NY | Operational Support | $78,253 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH A DEMARZO | VICE CHAIR (TO 12/31); CHAIR (FROM 01/01) | 1 | — |
| LORETTA MOLINARI | VICE CHAIR (FROM 01/01) | 1 | — |
| MARK K HIRKO MD | PRESIDENT - PUTNAM HOSPITAL | 0.5 | — |
| WAYNE RYDER | CHAIR (TO 12/31) | 1 | — |
| BARBARA TUFANO | DIRECTOR (FROM 01/01) | 0.5 | — |
| CORRINNE DIVESTEA | DIRECTOR | 0.5 | — |
| JEFFREY KELLOGG | DIRECTOR | 0.5 | — |
| JOSEPH ROBERTO | DIRECTOR | 0.5 | — |
| JUSTIN MUENZ | DIRECTOR | 0.5 | — |
| KENNETH KEARNEY | DIRECTOR | 0.5 | — |
| MARJORIE L KEITH | DIRECTOR | 0.5 | — |
| RAYMOND DURKIN | DIRECTOR (TO 12/31) | 0.5 | — |
| BRIAN WYATT | SECRETARY & CHIEF LEGAL OFFICER | 0.5 | — |
| DANIEL DEBARBA | CHIEF FINANCIAL OFFICER; TREASURER | 0.5 | — |
| GRACE LINHARD | CHIEF DEVELOPMENT OFFICER | 8.5 | — |
| PETER A KELLY | FORMER PHC PRESIDENT; VBMC PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Putnam Hospital Center Foundation Inc?
Putnam Hospital Center Foundation Inc is a nonprofit organization focused on Health, based in CARMEL, NY. It holds $15.9M in total assets as of 2024.
How large is Putnam Hospital Center Foundation Inc?
As of 2024, Putnam Hospital Center Foundation Inc holds $15.9M in total assets with $537K in annual revenue. It awarded 2 grants totaling $770K in 2024.
Where does Putnam Hospital Center Foundation Inc operate?
Putnam Hospital Center Foundation Inc has awarded grants in Connecticut, New York.
What size grants does Putnam Hospital Center Foundation Inc award?
In 2024, Putnam Hospital Center Foundation Inc awarded 2 grants totaling $770K — an average of about $385K per grant, based on its IRS Form 990 filings.
What is Putnam Hospital Center Foundation Inc's EIN?
Putnam Hospital Center Foundation Inc's EIN (Employer Identification Number) is 06-1399319. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Putnam Hospital Center Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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